Morning Edition · Tuesday, July 28, 2026Published at 1:30 AM EDT · New York
Crypto exchanges and trading firms are competing to capture retail demand for a product with roughly 90 trillion dollars in annual volume, while Wall Street banks wait for liquidity and rules to mature.

Regulated perpetual futures, the crypto derivative with no expiry date that keeps its price aligned to spot through a periodic funding payment, are officially arriving in the United States. CoinDesk reports that agile trading firms and cryp…
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